BMW has just unveiled its long-anticipated all-electric i3 hatchback. BMW hosted a series of elaborate events for the i3 on Monday in London, New York, and Beijing. Its expected to price at $41,350 (plus a $925 delivery charge) in the US prior to incentives. Its impressing analysts who see the automaker taking the technology very seriously, including investing $2.7 billion into it so far. Competitors will include other luxury brands with alternative technologies such as Lexus hybrid models, though its expected to be targeted primarily against German competitors in the home market. Tesla could be part of the race, especially its upcoming Model X. The Article BMW Counting on i3 as Flagship for its Electric Vehicle Offerings appeared first on Automotive Digest.